OneSavings Bank has made new changes to its HMO proposition to enhance its service to brokers.

The lending and retail savings group suggested the move will maximise the underwriting expertise and leverage the combined strengths within the group.

OneSavings Bank recently introduced a new approach to its buy-to-let and HMO valuations, which included new valuation fee scales and lending based on investment value.

OneSavings Bank group managing director mortgages, Alan Cleary, commented: “Ultimately for brokers, these changes ensure that their HMO cases will be directed to the specialist teams that are best placed to handle them, regardless of size or complexity.

“Whether the cases involve investment valuations, large loan sizes or even complex company structures, we have the expertise within the OneSavings Bank group to consider every case.

“Intermediaries are absolutely fundamental to the success of the group and pivotal in providing borrowers with successful outcomes. Our message to them is ‘watch this space’ as there will be many more exciting developments ahead.”

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